Most Popular
-
1
Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
-
2
Wealthy parents ditch Korean passports to get kids into international school
-
3
Man convicted after binge eating to avoid military service
-
4
First snow to fall in Seoul on Wednesday
-
5
Industry experts predicts tough choices as NewJeans' ultimatum nears
-
6
Final push to forge UN treaty on plastic pollution set to begin in Busan
-
7
Nvidia CEO signals Samsung’s imminent shipment of AI chips
-
8
Korea to hold own memorial for forced labor victims, boycotting Japan’s
-
9
Opposition chief acquitted of instigating perjury
-
10
Job creation lowest on record among under-30s
Sales at South Korea's duty-free stores nearly doubled in June from a year ago thanks to a rising influx of Chinese travelers and last year's low base in the wake of the Middle East Respiratory Syndrome outbreak, data showed Monday.
Sales at duty-free stores nationwide jumped 94.1 percent in June from a year ago, surging for the ninth consecutive month, according to the data compiled by the Korea Customs Service.
The June sales marked a sharp yearly growth because the market was hit hard by the fallout from the MERS outbreak in May 2015 when duty-free revenue plummeted 21.8 percent from a year earlier.
The rising number of foreign travelers also helped boost duty-free revenue.
The number of inbound travelers more than doubled to 1.55 million in June, with those from China soaring 140.7 percent on-year to account for nearly half of the total, according to the state tourism data. (Yonhap)
Sales at duty-free stores nationwide jumped 94.1 percent in June from a year ago, surging for the ninth consecutive month, according to the data compiled by the Korea Customs Service.
The June sales marked a sharp yearly growth because the market was hit hard by the fallout from the MERS outbreak in May 2015 when duty-free revenue plummeted 21.8 percent from a year earlier.
The rising number of foreign travelers also helped boost duty-free revenue.
The number of inbound travelers more than doubled to 1.55 million in June, with those from China soaring 140.7 percent on-year to account for nearly half of the total, according to the state tourism data. (Yonhap)
